TRANSPORT & TOURISM

Air Zimbabwe rebuilds its booking engine

There is growing evidence that Air Zimbabwe's long-awaited return to the London route is progressing behind the scenes, with the airline recently activating a new reservations and online booking platf...

By Staff reporter | Published: 32 mins ago

MINING & RETAIL

OK Zimbabwe temporarily suspends employee salaries

Retail giant OK Zimbabwe Limited has suspended its payroll after its joint works council approved a temporary halt to salaries and wages, as the company battles severe financial distress under corpor...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

Delta Beverages in court over 'worms' in soft drink

A 34-year-old Harare man has taken legal action against Delta Beverages after alleging that he discovered foreign objects in a 300ml Coca-Cola soft drink he was consuming, which he described in court ...

By Staff reporter | Published: 07 May 2026

BUSINESS NEWS

Zimbabwe tests 'cow token' as finance meets farming

In what could become one of Zimbabwe's boldest financial experiments, TN CyberTech Investments Holdings Limited has unveiled plans to tokenise live cattle and list the instruments on the Victoria Fal...

By Staff reporter | Published: 04 May 2026

BUSINESS NEWS

Botswana President jets in for State visit

Botswana President Duma Boko is expected in Zimbabwe on Tuesday for a three-day State visit that will see him co-chair a key bilateral meeting and officially open this year's Zimbabwe International Tr...

By Staff reporter | Published: 19 April 2026

ZIMBABWE

IMF lifts Zimbabwe growth outlook

Zimbabwe's economy expanded by 7.5% in 2025, outperforming the Government's estimate of 6.6%, according to the International Monetary Fund (IMF), in a sign of stronger-than-expected recovery.The Fund ...

By Staff reporter | Published: 16 April 2026

BUSINESS NEWS

OK Zimbabwe posts US$17,8 million loss

Troubled retail giant OK Zimbabwe has reported a US$17.8 million loss for the half-year period ended September 30, 2025, as management intensifies efforts to raise capital and stabilise operations.Pre...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

OK's working capital dries up

Retailer OK Zimbabwe Limited is weighing the sale of an additional US$17,2 million worth of properties, over and above the US$10,5 million already earmarked for disposal, as it grapples with severe wo...

By Staff reporter | Published: 15 December 2025

BUSINESS NEWS

World Bank says Zimbabwe's near-term economic outlook positive

Zimbabwe's near-term economic outlook is positive with growth anticipated to remain at 5 percent in 2026, the World Bank said Tuesday.According to the Zimbabwe Economic Update released by the World B...

By Staff reporter | Published: 04 December 2025

BUSINESS NEWS

OK Zimbabwe closes 11 stores

Debt-laden retailer OK Zimbabwe Limited (OK) has shut down 11 of its outlets in a sweeping consolidation drive aimed at reducing losses and alleviating liquidity pressures, the company announced in it...

By Staff reporter | Published: 22 November 2025

BUSINESS NEWS

OK Zimbabwe in deep crisis

Once the pride of Zimbabwe's retail sector, OK Zimbabwe Limited is now fighting for survival after posting a US$25 million loss for the year ended March 31, 2025 - a dramatic fall that underscores the...

By Staff reporter | Published: 13 November 2025

BUSINESS NEWS

OK Zimbabwe eyes turnaround

OK Zimbabwe Limited has reported a US$25 million loss for the year ended March 31, 2025, more than doubling its US$12.4 million loss from the previous year, after revenues slumped by more than half am...

By Staff reporter | Published: 11 November 2025

BUSINESS NEWS

OK Zimbabwe suffers US$25 million financial loss

Leading retail chain OK Zimbabwe Limited has reported a staggering US$25 million loss for the financial year ending March 31, 2025, as revenue plunged by more than half in what company chairman Herber...

By Staff reporter | Published: 08 November 2025

POLITICS

Mphoko's estate opened for claims

The estate of the late former Vice President Phelekezela Mphoko has officially been placed in the public domain following the publication of a notice by his widow, Laurinda Mphoko, inviting individua...

By Staff reporter | Published: 06 November 2025

BUSINESS NEWS

Cheap imports choke Zimbabwe pharmaceutical industry

Zimbabwe's pharmaceutical sector is facing collapse as a surge of low-cost generic drugs, mainly from China and India, floods the market - undercutting local manufacturers already struggling with high...

By Staff reporter | Published: 03 November 2025

POLITICS

Gono not yet off the hook

Business couple Clark Clever Makoni and Beverly Aisha Ndonda Makoni have approached the High Court seeking to overturn a ruling by Regional Magistrate Stanford Mambanje, which dismissed their applicat...

By Staff reporter | Published: 25 October 2025

BUSINESS NEWS

Mutare hotels fully booked ahead of Zanu-PF Conference

Hotels and lodges in and around Mutare are enjoying a surge in bookings ahead of the 22nd ZANU PF Annual National People's Conference, with the local hospitality industry describing this week as one ...

By Staff reporter | Published: 10 October 2025

BUSINESS NEWS

Sand dumping chokes Harare's sewer system

The Harare City Council has raised concerns over a growing problem of residents dumping sand and other solid waste into the city's sewer system, a practice officials say is crippling wastewater treat...

By Staff reporter | Published: 09 October 2025

BUSINESS NEWS

Zimra imposes US$2m penalty on OK Zimbabwe

The Zimbabwe Revenue Authority (Zimra) has imposed a US$2,054,250 civil penalty on OK Zimbabwe Limited, the country's largest supermarket chain, over alleged non-compliance with the Fiscal Data Manage...

By Staff reporter | Published: 04 October 2025

BUSINESS NEWS

OK Zimbabwe moves to sell properties

Struggling retail giant OK Zimbabwe Limited has confirmed receipt of US$20 million from a capital raise in August and is now weighing offers for supermarket properties to secure an additional US$10,5...

By Staff reporter | Published: 02 October 2025

BUSINESS NEWS

Hwange fires up US$8 million coke oven battery

Hwange Colliery Company Limited (HCCL) is set to ignite its newly refurbished US$8 million coke oven battery on Wednesday, marking a significant milestone in the company's industrial turnaround strate...

By Staff reporter | Published: 29 September 2025

POLITICS

Nyokayemabhunu extradition case drags on

The extradition case of Zimbabwean activist Wellington Masiwa, also known as Nyokayemabhunu, continued this week at Randburg Magistrates Court, highlighting the complex intersection of legal and polit...

By Staff reporter | Published: 26 September 2025

BUSINESS NEWS

Harare City Council chokes under ZiG8bn debt

Harare City Council is reeling under a debt of more than ZiG8 billion owed by ratepayers, a backlog that officials warn is crippling service delivery and undermining the municipality's operational eff...

By Staff reporter | Published: 18 September 2025

SOCCER

FIFA probes Bafana over ineligible Mokoena

FIFA has officially opened an investigation into South Africa for fielding midfielder Teboho Mokoena in their 2-0 victory over Lesotho during the 2026 FIFA World Cup qualifiers, despite the player bei...

By Staff reporter | Published: 18 September 2025

POLITICS

Nyokayemabhunu fears SA is colluding with Zanu-PF

Since his arrest on 13 April, Wellington Masiwa has been in prison for illegally entering South Africa and for alleged fraud in Zimbabwe.Zimbabwean opposition activists believe the South African auth...

By Staff reporter | Published: 11 September 2025
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